A Step-by-Step-Guide on how to buy Bitcoin Interest (BCI)
Step 1 – Signup to eToro In the beginning you'll need to purchase one of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and receive yBitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Funds to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Bitcoin Interest (BCI) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate (BCI) Bitcoin Interest Once your deposit has been affirmed, you'll instantly have access to your assets and you can launch purchasing and trading. To buy Bitcoin Interest (BCI) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to locate Bitcoin Interest (BCI), you'll need to put the cointype (BCI) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we have marked this too. Click on “BCI/BTC” to continue.
Step 4 – Purchase (BCI) Bitcoin Interest After you've located Bitcoin Interest (BCI), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are making our own Limit Order. The “Price” field will be filled with the most up-to-date tariff (BCI) Bitcoin Interest was traded for. You can change this to your preferred price. The “Amount” field is the quantity of BCI you want to buy. The “Total” field is the whole price in BTC that you'll pay for the whole volumen of BCI. If you're glad, click on “Buy BCI”. Your plan will be filled when a Vender trades their BCI for the price you offered.
Step 5 – Withdraw (BCI) Bitcoin Interest Unless you're frequently trading, never keep your coins on an Cryptocurrency Exchange for an extended time frame. In order to take off your (BCI) Bitcoin Interest, hover over the “Funds” tab and mouse click on “Withdraw”. Bitcoin Interest (BCI) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCI) Bitcoin Interest by using the provided drop-down box. Enter the quantity of Bitcoin Interest (BCI) you would like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address. If you are satisfied, click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.